Is this different than rabbu.com? They just raised a round near me and I have some experience in real estate, and have some concerns about the model scaling. Happy to discuss more if it’d be helpful.
Read my comment below. The maintenance side is the massive headache and really painful. Happy to advise as I can on learnings from consulting I’ve done in space.
It’s really really hard to coordinate contractors in short time increments. I did a consulting project with a measurement company (measures sqft of homes) and their model is stressed coordinating and moving around in 1 market at near max utilization. I helped them scale into 2 additional markets and it’s just massive headaches. To the point I was thankful I generally work on software and can operate with way higher margins. 15% margin on 3-$100 services a year. Makes it really really hard to grow business, pay well, make mistakes (you’re always going too and with such a small margin they hurt way more). Happy to talk more in private if it’d be helpful. I am watching them hurt bad right now trying to add market 4/5. They’re at about 750k run rate
However, we definitely want to get into the maintenance side for short term eventually.